Private screening of Taj Mahal: An Eternal Love Story to be held in Indonesia
An international publicity campaign for Akbar Khan’s ‘Taj Mahal: An Eternal Love Story’ has been crafted for its first overseas release, introduced one country at...
Southeast Asia
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Vietnam proposes National Economic Sectors System with emphasis on green economy
The proposed economic sectors system categorizes the economy into five levels, starting with 22 primary sectors at Level 1, identified by alphabetical codes from A to V, and extending to a comprehensive 733 sectors at Level 5, defined by numerical codes. A notable aspect of this draft is its focus on integrating green economic principles into the framework.
Malaysia poised for growth with energy surplus and SEZ development
He noted that various energy projects across Malaysia are set to increase production capabilities. “Taken together with energy-focused initiatives in all states, we are confident of a surplus of energy that feeds developments such as the JS-SEZ, while also allowing for growth in our energy exports,” he stated.
Malaysian Producer Price Index shows notable easing in August 2024
Chief Statistician Datuk Seri Dr. Mohd Uzir Mahidin highlighted that, despite the overall easing, most PPI sectors recorded increases in August, with the notable exception of the mining sector, which faced significant downturns.
MAS launches international advisory panel to boost cyber and technology resilience
The IAP, which comprises cybersecurity, technology, and finance experts from around the world, is tasked with providing strategic advice to MAS on enhancing the sector's defences against cyber risks.
Malaysia’s path to economic resilience: a call for collaborative efforts
Economic indicators in Malaysia show signs of volatility, influenced by factors such as inflation, supply chain disruptions, and geopolitical tensions. In response, experts emphasize the necessity for a united front in addressing these challenges. Collaborative strategies can enhance resilience, allowing economies to adapt more swiftly to shifting conditions.
Vietnam launches strategy to develop semiconductor industry
The Vietnamese government has recognized the importance of this industry as a key driver of economic growth and technological advancement. With a vision to establish a robust semiconductor ecosystem, the strategy aims to attract foreign investment, enhance research and development capabilities, and foster collaboration between domestic companies and international partners.
Tra Vinh invites investment in Dịnh An economic zone
The Dịnh An Economic Zone, strategically located along the coast, offers significant advantages, including access to major transportation routes and proximity to key markets. Local authorities believe these factors will entice businesses looking to establish a presence in the Mekong Delta region, which is known for its rich resources and favorable investment climate.
ADB Report highlights Vietnam’s economic resilience amid global challenges
Vietnam’s GDP growth remains strong, projected at around 5.8% for the current year. This growth is supported by an increase in consumer spending and a recovery in key sectors, such as manufacturing and services. The ADB emphasizes that the country’s diversified economy has allowed it to better withstand external shocks, including supply chain disruptions and inflationary pressures.
Vietnam’s textile and garment sector capitalizes on growth opportunities
The recent expansion can be attributed to several factors, including trade agreements that enhance market access and a shift in production from traditional manufacturing hubs. As companies seek more resilient supply chains, Vietnam has emerged as an attractive alternative, offering competitive labor costs and a skilled workforce.
Dong Nai Awards investment certificates for 17 new projects
Among the awarded projects, several focus on sustainable development, aligning with national priorities for environmental protection and energy efficiency. These initiatives are expected to not only generate jobs but also contribute to technological advancement and improved infrastructure in Dong Nai.
Taseco Land secures $6 Million for Đồng Văn III project
Investors have shown a keen interest in Taseco Land, citing the company’s robust track record in the real estate sector and its commitment to sustainable development. The project is expected to create job opportunities and stimulate the local economy, aligning with the government’s vision of promoting growth in underserved areas.
MAS imposes five-year prohibition order on Mr Pan Qi for dishonest conduct
Mr Pan’s misconduct, which led to the issuance of the prohibition order, occurred during his time as a representative of OCBC, where he was responsible for providing financial advisory services.
Vietnamese firms strengthen collaboration with Malaysian partners in halal industry
During a recent trade mission to Malaysia, representatives from various Vietnamese firms engaged in discussions focused on technology transfer, joint ventures, and product development tailored to meet Halal standards. The mission included meetings with key stakeholders in Malaysia's Halal sector, aiming to establish long-term collaborations that can leverage each country’s strengths.
Deputy PM highlights key priorities for China-ASEAN cooperation
Phớc affirmed Việt Nam's active role as a responsible member of ASEAN and a comprehensive strategic cooperative partner of China. He noted that Việt Nam, in collaboration with other ASEAN countries, has worked closely with China to promote new growth drivers and make significant contributions to the ASEAN-China comprehensive strategic partnership.
Vietnam’s path to global aerospace: AS9100 certification key
Nguyễn Hoàng, chairman of Hansiba and vice chairman of the Vietnam Association of Supporting Industries, highlighted the significant role the aerospace industry plays in Vietnam's industrialization strategy, particularly in high-tech and supporting technology sectors. He noted that obtaining AS9100 certification will enable Vietnamese companies to access international markets in aerospace manufacturing.
Malaysia’s economic growth fueled by semiconductor imports
Uzir highlighted that the LI's monthly performance reflected a positive rebound, increasing by 1.1% in July 2024, following a decline of 0.4% in June. He noted that the semiconductor imports, which contributed 1.0% to the LI, signal a resurgence in the technology sector and its related industries. The sustained performance of the LI, which consistently exceeded 100.0 points in July, demonstrates a resilient Malaysian economy bolstered by strong domestic consumption and ongoing demand from international markets.